Economy
Posted: 1 year ago

How Many People Earn more than 100,000 GEL a Month in Georgia?

In December 2022, 1,183 people received more than 100,000 GEL income, their total income, before paying taxes, was 445,931,736 GEL. This means that on average, the income of 1 person was up to 377 000 GEL.

The number of individuals with an income of more than 100 thousand GEL

• December 2022 - 1183 persons / 445 931 736 GEL
• December 2021 - 1085 persons / 425,027,002 GEL
• December 2020 - 223 persons/ 75,146,406 GEL

It should be noted that in December 2022, 427 persons received 100 thousand GEL and more as salary in December. The amount was 131,737,299 GEL.

According to the data of the Revenue Service, only 3,738 persons in Georgia had a monthly income of more than 40,000 GEL in the same month. Other types of income are: dividend, interest, profit, royalty and others.

According to PMCG data, in December 2022, the number of people who received a monthly salary increased by 2.9% compared to the corresponding period in 2021, and by 6.4% compared to the corresponding period in 2020.

The number of people who received a monthly salary from 0 to 599 GEL was 16.1%, which is a decrease of 3.2 percentage points compared to the corresponding period of 2021, and 8.3 percentage points compared to the corresponding period of 2020.

In December 2022, the number of people who received 2,400 GEL or more monthly salary was 32.6%, which is an increase of 5.7 percentage points compared to the corresponding period of 2021, and 12.2 percentage points compared to the corresponding period of 2020.

In December 2022, the number of people who received a monthly salary of more than 9,600 GEL increased by 28.4% compared to the corresponding period in 2021, and by 76% compared to the corresponding period in 2020. In December 2022, the number of people earning 9,600 GEL or more was only 3.2% of wage earners.